Malaysia's Daim Zainuddin, an influential two-times finance minister who led major economic reforms and helped steer the Southeast Asian nation through recessions and the Asian financial crisis, died on Wednesday,

SINGAPORE: Malaysian politicians paid tribute to former finance minister Daim Zainuddin, who died on Wednesday (Nov 13) at the age of 86. The businessman-turned-politician served as finance minister from 1984 to 1991 and from 1999 to 2001 under former prime minister Mahathir Mohamad. He was known as the latter’s right-hand man.

The 86-year-old Daim served as finance minister from 1984 to 1991 and from 1999 to 2001 under former premier Mahathir Mohamad. His lawyer, Gurdial Singh Nijar, confirmed Daim's passing to Reuters, and said the funeral would be held on Wednesday.

Former Malaysian Finance Minister Daim Zainuddin, who pleaded not guilty to charges of failing to disclose assets earlier this year, died early on Wednesday, his lawyer said. The 86-year-old Daim served as finance minister from 1984 to 1991 and from 1999 to 2001 under former premier Mahathir Mohamad.

KUALA LUMPUR (Reuters) -Malaysia's Daim Zainuddin, who had two stints as finance minister and pleaded not guilty to charges of failing to disclose assets this year, died on Wednesday, his family said. The 86-year-old helped steer the southeast Asian nation ...

Malaysia's former finance minister Daim Zainuddin arrives at the Kuala Lumpur court complex in Kuala Lumpur, Malaysia January 29, 2024. REUTERS/Hasnoor Hussai

Malaysia’s former Finance Minister Daim Zainuddin passed away on Wednesday morning at a local hospital, according to his lawyer.

Daim Zainuddin replaced Anwar Ibrahim as finance minister in 1998 after the latter was sacked following a fallout with Dr Mahathir Mohamad.

Daim was also a member of Tun Dr Mahathir Mohamad’s Council of Eminent Persons during the latter’s second time as prime minister. Most recently, Daim had been the t